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FDNIvsPNQIETF Comparison

ETF 1
FDNI

First Trust Dow Jones International Internet ETF

Full FDNI fund page
VS
ETF 2
PNQI

Invesco NASDAQ Internet ETF

Full PNQI fund page

First Trust Dow Jones International Internet ETF (FDNI) and Invesco NASDAQ Internet ETF (PNQI) belong to the same industry segment: Digital Infrastructure and Connectivity. FDNI's top 3 sector exposures are Consumer Discretionary, Communication Services and Information Technology. In contrast, PNQI's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. FDNI is more expensive with a Total Expense Ratio (TER) of 0.65%, versus 0.6% for PNQI. FDNI is down -13.65% year-to-date (YTD) with +$4M in YTD flows. PNQI performs better with -12.23% YTD performance, and -$114M in YTD flows. Run a side-by-side ETF comparison of FDNI and PNQI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FDNI vs PNQI performance and flow charts

Performance

-10.0-8.0-6.0-4.0-2.00.0%Feb 10Feb 18Feb 25Mar 4Mar 11

Cumulative Flows

-40 M-30 M-20 M-10 M0 MFeb 10Feb 18Feb 25Mar 4Mar 11

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/10/2026
1M3MYTD1Y3Y5Y
Perf.
FDNI
PNQI
-7.00%+0.10%
-14.50%-13.20%
-13.65%-12.23%
-4.90%+6.04%
+37.64%+87.43%
-35.08%-0.98%
Flows
FDNI
PNQI
--$35M
-$31M-$116M
+$4M-$114M
+$7M-$290M
-$3M-$336M
-$43M-$445M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FDNI
PNQI
+23.13%+18.27%
+24.29%+23.71%
+24.54%+20.64%
+33.19%+26.82%
Max drawdown
FDNI
PNQI
-20.93%-16.24%
-27.95%-19.89%
-27.95%-23.96%
-66.27%-59.55%
Max drawdown duration
FDNI
PNQI
63d90d
156d171d
156d128d
1825d1433d
Trading data

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FDNI
PNQI
Last sale
3/11/2026 at 1:30 PM
$29.16
$47.33
Previous close
03/11/2026
$29.58
$47.40
Consolidated volume
03/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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FDNI
PNQI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/11/2026 at 1:30 PM
Live
Closed
FDNI
PNQI
Last price
$29.16
$47.33
1D performance
-1.42%
-0.15%
AuM$47.09 M$563.37 M
E/R0.65%0.6%
Characteristics
FDNI
PNQI
Management strategyPassivePassive
ProviderFirst TrustInvesco
BenchmarkDow Jones International Internet IndexNASDAQ CTA Internet Index
N° of holdings3467
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
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Inception dateNovember 5, 2018June 12, 2008
ESGNoNo
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Exposure

Countries

FDNI
Cayman Islands
38.89%
USA
11.21%
Netherlands
9.03%
Canada
8.68%
Other
32.19%
PNQI
USA
92.53%
Other
7.47%

Sectors

FDNI
Consumer Discreti.
33.23%
Communication Ser.
32.12%
Information Techn.
17.51%
Other
17.14%
PNQI
Information Techn.
31.99%
Communication Ser.
31.25%
Consumer Discreti.
23.39%
Other
13.38%
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Diversification

FDNI

Total weight of top 15 holdings out of 15

73.98%
PNQI

Total weight of top 15 holdings out of 15

75.65%

Top 15 holdings

Data as of January 31, 2026
FDNI
ALIBABA GROUP HOLDING LTD
11.31%
TENCENT HOLDINGS
10.28%
SHOPIFY SUBORDINATE VOTING
8.03%
PROSUS NV
4.60%
PINDUODUO INC ADR
4.60%
JD.COM INC
4.51%
NETEASE INC
4.48%
MEITUAN
4.48%
ADYEN NV
4.43%
SPOTIFY TECHNOLOGY SA
4.37%
US81141R1005
4.34%
KUAISHOU TECHNOLOGY
2.96%
NAVER CORP
2.77%
IRIS ENERGY LTD
1.50%
KAKAO CORP
1.32%
PNQI
ALPHABET INC-CL
8.57%
META PLATFORMS
8.53%
AMAZON.COM INC
8.41%
MICROSOFT-T
7.86%
APPLE
7.53%
WALT DISNEY
4.38%
BOOKING HOLDINGS
4.27%
SALESFORCE INC
4.09%
UBER TECHNOLOGIES INC
3.85%
SHOPIFY SUBORDINATE VOTING
3.53%
ADOBE INC
3.29%
NETFLIX
3.27%
MERCADOLIBRE
2.89%
SPOTIFY TECHNOLOGY SA
2.72%
US01609W1027
2.45%
Frequently asked questions about FDNI and PNQI

How have the FDNI and PNQI ETFs performed in 2026?

As of March 10, 2026, FDNI is down -13.65% year-to-date (YTD), while PNQI has lost -12.23%. That puts PNQI better performer ahead so far this year.

Which ETF is attracting more investor money: FDNI or PNQI?

Year-to-date, the FDNI ETF saw +$4M in flows, compared to -$114M for PNQI.

Which ETF is more volatile: FDNI or PNQI?

Over the past year, FDNI had a volatility of 24.29%, while PNQI experienced 23.71%.

Which ETF is bigger: FDNI or PNQI?

As of March 10, 2026, FDNI holds $47.09 M in assets under management (AUM), while PNQI manages $563.37 M.

What sectors do the FDNI and PNQI ETFs invest in?

FDNI leans toward sectors like Consumer Discretionary, Communication Services and Information Technology. Meanwhile, PNQI focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the FDNI ETF and PNQI ETF?

FDNI top holdings include ALIBABA GROUP HOLDING LTD, TENCENT HOLDINGS and SHOPIFY SUBORDINATE VOTING. PNQI holds in its top three: ALPHABET INC-CL, META PLATFORMS and AMAZON.COM INC.

Which ETF is more diversified: FDNI or PNQI?

FDNI holds 36 securities with 73.98% of its assets in the top 15. PNQI has 77 securities and a top 15 weight of 75.65%.

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